Note 14 Other information

The Company is the guarantor in the Group’s $2 billion multi-currency revolving credit facility, maturing in 2015.

In January 2012, the Company issued bonds with an aggregate principal of CHF 350 million, due 2018, that pay interest annually in arrear at a fixed interest rate of 1.5 percent per annum. The Company recorded net proceeds of CHF 346 million.

The Company is guarantor of the Group’s $4 billion credit agreement, entered into in February 2012 for an initial term of 364 days, to provide bridge financing for the planned acquisition of Thomas & Betts Corporation.

Financial review

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